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Nov 10, 2012
11/12
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this economy is awfully weak. imposing taxes to not be reduced at a time like this -- that's just not good. gerri: son's he took office, it has gone up trillions of dollars. what's the best way to get this done? you don't like raising taxes, but how do you go about the most expected way to get more money into the federal government. i hate to even say that, it sounds like a horrible thing. but if the economy were to go, how do we deal with this? >> in the last year before the crisis, the budget was only 161 billion. now it's over a trillion dollars. only half of that can be justified more and more. the rest of it is additional benefits and programs and so forth that mr.bama, and before him, speaker nancy pelosi insisted on. why don't we roll back pull back to the level of real spending adjusted for inflation that we had when president bush took office. this is obama's deficit. it's not bush's deficit. 161 billion, we had all the tax cuts in place. thankfully, we have the prescription drug coverage. gerri: is that
this economy is awfully weak. imposing taxes to not be reduced at a time like this -- that's just not good. gerri: son's he took office, it has gone up trillions of dollars. what's the best way to get this done? you don't like raising taxes, but how do you go about the most expected way to get more money into the federal government. i hate to even say that, it sounds like a horrible thing. but if the economy were to go, how do we deal with this? >> in the last year before the crisis, the...
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Nov 14, 2012
11/12
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FBC
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this will stall the economy? >> one-sided approach would be if we were only looking at revenue side. but it is not. it is a balanced approach. melissa: so what are you putting on the table? what is balanced approach? put one thing on the table? one thing that you're willing to cut spending on? >> they have cut spending by eliminating 400,000 jobs in education. they put their jobs on the line. they lost their homes. the middle class has paid. the problem is, there is no balance and there has been nothing on the revenue side. it ought to be balanced approach between cuts and revenue. now they're talking about the revenue side. a year ago they were talking only cuts. melissa: i agree needs to be balanced approach and revenue and you're not putting any cuts on the table whatsoever. you're only talking about soaking the other side for revenue. that's why we're in the position for the other side. nobody is willing to compromise. thanks for coming on the show, i appreciate it. >> you bet, thank you. melissa: all right s
this will stall the economy? >> one-sided approach would be if we were only looking at revenue side. but it is not. it is a balanced approach. melissa: so what are you putting on the table? what is balanced approach? put one thing on the table? one thing that you're willing to cut spending on? >> they have cut spending by eliminating 400,000 jobs in education. they put their jobs on the line. they lost their homes. the middle class has paid. the problem is, there is no balance and...
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Nov 9, 2012
11/12
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economy and i think that's what's going to offset the fiscal drag. it really is the global economy, and investment trading and trade. some improvement in skboexport . some things to be encouraged about at least in the sense of wee feel comfortable. 103 dollars and $108 to $110. >> if the lame duck does a can kick, does that force do you refocus on your price target. >> if this leads to see question station and is not done el wantly, it's very likely we're going to get a rating downgrade. i just don't think the equity market is going to react as adversely as it did august of it happens. let's soo write headache out and thi think. >> got it. david, thanks so much. >> my pleasure. >> david bianco, chief strategist at deutsche bank. >>> breaking news and our very own mair thompson is on the floor with the stock exchange. ma mary? >> there's a key change way tojt bring to our investors or viewers' attention. this year they're providing a little bit of konk for those submitting new capital plans. they have to submit them by january 7th. if the fed rejects
economy and i think that's what's going to offset the fiscal drag. it really is the global economy, and investment trading and trade. some improvement in skboexport . some things to be encouraged about at least in the sense of wee feel comfortable. 103 dollars and $108 to $110. >> if the lame duck does a can kick, does that force do you refocus on your price target. >> if this leads to see question station and is not done el wantly, it's very likely we're going to get a rating...
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Nov 9, 2012
11/12
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MSNBC
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the president wants this economy to get better and needs people in wall street, small businesses, business people around the country to be on his side. i think we will not expect to see really sharp rhetoric like that again. >> i don't know what we will see. i don't know that he needs them that much. yes, he needs -- for all this to work out as well as it can, he needs the business people of america to think he's not anti-business, but wall street in particular, i don't think he needs them. >> i respectfully disagree. i mean, actually the only thing he doesn't need them for anymore is to woo for their campaign cash. there's this big saying in politics no permanent friends no permanent enemies. today maybe it's not obvious but when you have years ahead of you with stuff we don't know what's coming down the line it makes no sense not to have outreach. i don't know if this department, what was he going to appoint -- >> department of business. >> would need congressional approval would ever get off the ground if nothing else, you know, would -- it would just be a distraction right now, with ev
the president wants this economy to get better and needs people in wall street, small businesses, business people around the country to be on his side. i think we will not expect to see really sharp rhetoric like that again. >> i don't know what we will see. i don't know that he needs them that much. yes, he needs -- for all this to work out as well as it can, he needs the business people of america to think he's not anti-business, but wall street in particular, i don't think he needs...
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Nov 11, 2012
11/12
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KPIX
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. can it know when ite needs to be repaired? and when it doesn't? in industries like manufacturing and energy, they're using predictive analytics to detect signs of trouble helping some companies save millions on maintenance, because machines seek help before they're broken. and don't when they're not. that's what i'm working on. i'm an ibmer. let's build a smarter planet. >> schieffer: this was a close election, so there were almost as many people who felt bad about it as good about it. so if you're one of those who is down in the dumps, just think about how linda mcmahon feels. she just los
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. can it know when ite needs...
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Nov 10, 2012
11/12
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CNNW
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raising rates is going to slow the economy. this is not the time to raise taxes in the middle of a very weak economy. okay. we understand that. what i was saying before is that they all really understand what the parameters of a macro, big deal would be. they know what you have to do with entitlements. this is not a new discussion for them. they know what you have to do with tax reform. you have simpson bowles sitting out there. what you have to do is get past this question. >> i want to play on a totally different note, a remarkable video that the obama campaign released on the morning after he won his re-election, and he gets very emotional. >> i felt that the work that i've done, in running for office, had come full circle. because you guys have done means that the work that i'm doing. i'm really proud of that. i'm really proud of you. and -- >> it's not often you see the president of the united states crying. >> we have not seen that really from him. political cartoonists sometimes draw him as mr. shock. i think it's just a
raising rates is going to slow the economy. this is not the time to raise taxes in the middle of a very weak economy. okay. we understand that. what i was saying before is that they all really understand what the parameters of a macro, big deal would be. they know what you have to do with entitlements. this is not a new discussion for them. they know what you have to do with tax reform. you have simpson bowles sitting out there. what you have to do is get past this question. >> i want to...
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Nov 9, 2012
11/12
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and keeping the economy growing. all of it goes back to the looming fiscal cliff. $700 billion in tax hikes that will take place on january 1st unless there's a deal. >> he's going to reach out in a bipartisan way. . he's going to stick to his position on the revenues, but say we have to work together and i'm willing to do my share and lead my party. >> that 396 referring to the bush tax cuts. to make a deal, the president will need to work with congress, especially house republicans and they have been opposed to tax increases. we will hear from john baoehner too for the republican party. >> raising taxes on small business people is the wrong prescription. >> raising tax rates is unacceptable. and frankly it couldn't even pass the house. putting increased revenues on the table but through reforming our tax code. >> i want to bring in ruth marcus, columnist at "the washington post" and perry bacon, an msnbc contributor. what's your sense of this? are we setting up for a feisty but doable deal? but is it also possible
and keeping the economy growing. all of it goes back to the looming fiscal cliff. $700 billion in tax hikes that will take place on january 1st unless there's a deal. >> he's going to reach out in a bipartisan way. . he's going to stick to his position on the revenues, but say we have to work together and i'm willing to do my share and lead my party. >> that 396 referring to the bush tax cuts. to make a deal, the president will need to work with congress, especially house...
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unemployment rate, weak economy, they looked past the benghazi cover-up, they looked past broken promises and basically president obama won a lot of people, or kept a lot of people based on popularity, mitt romney's campaign go the stronger on substance as he went further into the campaign, i was pleased with that. it was simply popularity, versus substance. now going forward. there is no doubt in my mind, based on having talked to over 2000 be owners in last two months, to encourage them to talk to their employees, they have indicated to me, that number one, many will have to shut dunn their businesses, they cannot afford obamacare, and they cannot afford tax ma -- >> the president i think really wants greater things of himself, and maybe to my colleague lou dobbs' point, a more historic role than we've seen first term, there is maybe not a fear, maybe he rolls back in fear? or rolls back regulation that businesses and guys like have you been saying before, maybe that fear could be misplaced what do you say? >> nile, you know i love you like a brother. but i do not agree. because this is
unemployment rate, weak economy, they looked past the benghazi cover-up, they looked past broken promises and basically president obama won a lot of people, or kept a lot of people based on popularity, mitt romney's campaign go the stronger on substance as he went further into the campaign, i was pleased with that. it was simply popularity, versus substance. now going forward. there is no doubt in my mind, based on having talked to over 2000 be owners in last two months, to encourage them to...
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Nov 8, 2012
11/12
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he helped bring the economy back from the brink in 2009. possible replacements for geithner include the current chief of staff jack lou, who is widely respected within this administration but also within washington, d.c. another person who might potentially be leaving is defense secretary leon panetta. leon panetta is someone who might be ready to retire from what has been a long and distinguished career in politics. dates back to 1977 when he was in the house of representatives. possible replacements include his deputy secretary and also michelle flourney, the former undersecretary of defense. and then attorney general eric holder possibly leaving. possible replacements for him include homeland security secretary janet napolitano. a lot of people staying, arne duncan, education secretary, kathleen sebelius, secretary of health and human services, and hilda solis, the labor secretary. thomas? >> a moving chess board, for sure. talk about the west wing and the talk going on there about the conciliatory tone that john boehner tried to strike
he helped bring the economy back from the brink in 2009. possible replacements for geithner include the current chief of staff jack lou, who is widely respected within this administration but also within washington, d.c. another person who might potentially be leaving is defense secretary leon panetta. leon panetta is someone who might be ready to retire from what has been a long and distinguished career in politics. dates back to 1977 when he was in the house of representatives. possible...
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Nov 8, 2012
11/12
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the second is economy. we know that latinos prefer a more active government, and that just was not meshing with the line of the republican party. and finally the emotion of it. there was a lot of hurt with the latino community in terms of vocabulary such as self-deportation and illegals, and let's build more walls. it was a combination of factors that alienated the latino community, the furthest we've seen because, chris, while there's the 27% figure that other exit polls give, within latino decisions, our election poll found only a 23% rate of support for mitt romney among latinos. >> that would be astonishing. either number, goldie, is not good news for the republican party. can they fix this? >> i'm not sure they can, at least immediately. if you look back to the post-civil rights era in this country where african-americans, per se, were voting for republicans for nearly 100 years lock, stock, and barrel. and then you had a southern strategy take place where they were counting on white voters to hold tog
the second is economy. we know that latinos prefer a more active government, and that just was not meshing with the line of the republican party. and finally the emotion of it. there was a lot of hurt with the latino community in terms of vocabulary such as self-deportation and illegals, and let's build more walls. it was a combination of factors that alienated the latino community, the furthest we've seen because, chris, while there's the 27% figure that other exit polls give, within latino...
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Nov 13, 2012
11/12
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we need to start to rebuild this economy. i'm a little frustrated because i don't think the biggest issue is the deficit. the biggest issue is jobs. if we got people back to work, if republicans wouldn't have been obstructionists on the jobs bill, we would have had more people at work. we'd have been generating wealth. so i think the president is going in the right direction. we need to get this behind us to get on the jobs agenda. >> any moderate republicans left to work with this president or are we going to see more of the same? >> lots of the tea party folks got defeated. lots were hooking on to simpson bowles. we're starting to see maybe some sanity come into some of the republicans. i saw what bill crystal said. they are at least thinking in the right direction. these are the guys that did everything they could to frustrate this president. and we ought not to forget that at the state level, republican governors laid off three million workers. if they had not done that, those workers would be working now. taxes would hav
we need to start to rebuild this economy. i'm a little frustrated because i don't think the biggest issue is the deficit. the biggest issue is jobs. if we got people back to work, if republicans wouldn't have been obstructionists on the jobs bill, we would have had more people at work. we'd have been generating wealth. so i think the president is going in the right direction. we need to get this behind us to get on the jobs agenda. >> any moderate republicans left to work with this...
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Nov 11, 2012
11/12
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WMAR
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what's choking our economy and what's choking the economy of greece, but, entitlements are choking us and we've got to make the real reforms to make sure that we do it right. we protect these programs and thirdly, speaker boehner said it very well, i thought he showed great leadership that revenues need to be on the table. again, we need to do it in the right way. bowles-simpson said reduce the reductions where you can, lower tax raets by doing that. george, we got to get this economy going again. we have had an outside group ernest and young look at raising of taxes on the highest income earners. we would lose 700,000 jobs in america. is that the kind of economy that this president wants to start out with in his second term? i don't think so. president obama said two years ago, now is not the time with a sluggish economy to raise taxes. we need to consider the fact that folks who started raising taxes on the business creators. there's a right way to do this and there's a wrong way to do it. and speaker boehner was absolutely correct, you have to have revenues on the table. that does
what's choking our economy and what's choking the economy of greece, but, entitlements are choking us and we've got to make the real reforms to make sure that we do it right. we protect these programs and thirdly, speaker boehner said it very well, i thought he showed great leadership that revenues need to be on the table. again, we need to do it in the right way. bowles-simpson said reduce the reductions where you can, lower tax raets by doing that. george, we got to get this economy going...
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Nov 8, 2012
11/12
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i think that's really crucial for the psychology of the world economy, for the reality of the world economy. if he can get that done, then he goes to immigration. i can understand why a lot of latinos would be upset, but on the other hand he has to tell them, look, economy and jobs is number one for all of us. then we'll do emigration. i don't think he right now needs to be in the position of scoring political points. that's what he was doing in the election, and if he puts that aside temporarily, he can make that a bargaining chip. he could say to john boehner and mitch mcconnell, i can drive stake through your heart in immigration, guys, but i'll wait on immigration while we get the jobs done. if you screw around, maybe i will. he can use it as a bargaining chip right now and get to it six months from now. >> we spent all this year talking about how 2012 was a mirror image in 2004. in the aftermath, 2004 bush goes after immigration. hourld fineman, thank you for joining us. >> thank you. >> up next, the president may stay put and a lot of his trusted team obama members say they're moving
i think that's really crucial for the psychology of the world economy, for the reality of the world economy. if he can get that done, then he goes to immigration. i can understand why a lot of latinos would be upset, but on the other hand he has to tell them, look, economy and jobs is number one for all of us. then we'll do emigration. i don't think he right now needs to be in the position of scoring political points. that's what he was doing in the election, and if he puts that aside...
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it wasn't about the economy. if it had been, as the polls suggested, mitt romney would have won. >> well, it should have been about the economy but i think that the democrats did an amazing job of making this -- really amplifying what is clearly a problem within the republican party, how we're messaging about women. the fact that we were even discussing birth control, the fact that, you know, the whole forcible rape was even part of the conversation when the polls clearly show i think that millenials are moving in a much more libertarian position when it comes to social issues. they might not necessarily be democrats but -- and they might not be republicans yet but i think that socially, libertarian is the direction the country is going. >> it may not be america's going liberal. what it is is rejecting extreme positions. i think the problem mitt romney got himself into, at his heart he's really a moderate. when you look at when he was governor in massachusetts, he wasn't that far right at all but he had to go muc
it wasn't about the economy. if it had been, as the polls suggested, mitt romney would have won. >> well, it should have been about the economy but i think that the democrats did an amazing job of making this -- really amplifying what is clearly a problem within the republican party, how we're messaging about women. the fact that we were even discussing birth control, the fact that, you know, the whole forcible rape was even part of the conversation when the polls clearly show i think...
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and that's the problem with the economy right now. is the people who create the jobs are having a tough time getting financing, to expand their businesses. melissa: but, david, i mean, you sent out this letter that some people thought was threatening to your employees saying, you know, in essence you should think before you vote for president obama because you may lose your job if he wins. he did win. and now you gave people raises. so makes it seem like, maybe the letter was disingenuous? >> well, we're very cautiously optimistic. no one lost their jobs. in fact i gave everybody a raise, effective immediately. these people, first of all, i have the greatest employees in the world. they have been with me through thick and thin. and i wanted to reward them. we're the most profitable we've been in our history. i wanted them to share in those profits. they're the ones that --. melissa: wait, wait. how are you most profitable that you have been in your history if the reason you would have to lay people off because the economy is bad, so h
and that's the problem with the economy right now. is the people who create the jobs are having a tough time getting financing, to expand their businesses. melissa: but, david, i mean, you sent out this letter that some people thought was threatening to your employees saying, you know, in essence you should think before you vote for president obama because you may lose your job if he wins. he did win. and now you gave people raises. so makes it seem like, maybe the letter was disingenuous?...
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Nov 14, 2012
11/12
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FBC
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our economy can't afford that right now. certainly no middle class family can afford that right now. and nobody in either party says they want it to happen. the other option is to pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income. and by the way, that means every american including the wealthyest americans get a tax cut. it means that 98% of all americans and 97% of all small businesses won't see their taxes go up a single dime. the senate has already passed a law like this. democrats in the hous but, what he said was, even though he didn't give me his vote, he is giving me his support to move this country forward. and he said, the same to his republican representatives in washington. he said that, he will back each of us regardless of party, as long as we work together to make life better for all of us. and he made it clear that if we don't make enough progress he will be back in touch. so my hope, he wrote, is that we can make progress in light of personal party pri
our economy can't afford that right now. certainly no middle class family can afford that right now. and nobody in either party says they want it to happen. the other option is to pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income. and by the way, that means every american including the wealthyest americans get a tax cut. it means that 98% of all americans and 97% of all small businesses won't see their taxes go up a single dime. the...
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Nov 10, 2012
11/12
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CNN
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. >> clearly, the deficit is a drag on our economy. and we can't continue to spend money we don't have. i don't want to box myself in or anybody else in. i think it's important for us to come to an agreement for the president, but this is his opportunity to lead. >> the senate has already passed legislation that would raise taxes on those making more than $250,000 while preserving the bush tax cuts for the middle class. the latest now on tuesday's election. the president's margin of victory has now increased. he now has a 51% edge over romney in the national popular vote. that is up from a tie that we saw on election night. but down in florida, they are still counting the ballots. officials have until noon today to submit unofficial results to the secretary of state. cnn has yet to project a winner there, but with 97% of precincts reporting, president obama has a lead over romney. the romney campaign has conceded the race in florida. and for the first time since superstorm sandy hit new york, the lights on the statute of liberty were o
. >> clearly, the deficit is a drag on our economy. and we can't continue to spend money we don't have. i don't want to box myself in or anybody else in. i think it's important for us to come to an agreement for the president, but this is his opportunity to lead. >> the senate has already passed legislation that would raise taxes on those making more than $250,000 while preserving the bush tax cuts for the middle class. the latest now on tuesday's election. the president's margin of...
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Nov 14, 2012
11/12
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CNBC
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our model continues to win in the marketplace during both positive times in the economy as well as weak times. we'll grow, but our hiring will be constrained. >> some of that net new assets you're talking about have come in and found a home in etfs. let's talk about the exchange traded funds business. this has become one of the most popular things for investors. transparency one of the key reasons and low fees. but is there a price war going on in the etf world right now? are you going to continue to cut prices? >> i don't know if we'll call it a price war. we did make a fairly aggressive pricing move a month or two ago to lower the cost for investors. we think about it through the eyes of the client. if you can buy an etf for a fraction of what you were able to buy it for a year ago or two years ago, that's a good thing. if our competitors choose to lower their prices to match ours, the client wins. the investor wins. that's okay. charles schwab has always been a disrupt to be, a challenger brand. that's how chuck started the firm 40 years ago. we'll keep challenging the status quo on
our model continues to win in the marketplace during both positive times in the economy as well as weak times. we'll grow, but our hiring will be constrained. >> some of that net new assets you're talking about have come in and found a home in etfs. let's talk about the exchange traded funds business. this has become one of the most popular things for investors. transparency one of the key reasons and low fees. but is there a price war going on in the etf world right now? are you going to...
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Nov 12, 2012
11/12
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KNTV
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. i'i invest in what i know.r. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introduc
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. i'i invest in what i...
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Nov 16, 2012
11/12
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MSNBC
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what type of effect would that have for the economy? i'll start with you, jim? >> if if we fall off the cliff and stay off, it's absolutely going to push us back into another recession because we are going to see the spending cuts and the tax increases take a big bite in fiscal policy from our gdp growth and we're not in a great place to start with. so if we fall off and they can't come to it a deal later, are right away it's probably not terrible but the longer it persists, the chances of another recession. >> and europe does not want to see that, i presume. >> i think you've actually had a preview of what's going to happen. every time there has been a sign of flexibility in the preliminary chatter of the last week, the market goes down. it's now off around 5%. businesses are cutting back significantly on investment plans waiting for the outcome. i've spent the last week talking to a lot of folks in the market. their assumption is we get past the fiscal cliff whether it's kick the can, grand bargaining. if it doesn't, then the market is not ready for that. >> a
what type of effect would that have for the economy? i'll start with you, jim? >> if if we fall off the cliff and stay off, it's absolutely going to push us back into another recession because we are going to see the spending cuts and the tax increases take a big bite in fiscal policy from our gdp growth and we're not in a great place to start with. so if we fall off and they can't come to it a deal later, are right away it's probably not terrible but the longer it persists, the chances...
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Nov 9, 2012
11/12
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WUSA
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the speaker said "those higher tax rates would slow down the economy and our ability to create jobs." but, scott, there is also some wiggle room here because boehner has put new tax revenues on the table. so i asked the speaker today: what is the difference between rates and revenues? and he explained republicans might raise revenues by cutting tax detections. could you give us an idea, any more examples of where you're going with that? because if tax rates are not on the table, are you talking about going after deductions? >> it's clear that there are a lot of special interest loopholes in the tax code-- both corporate and personal. it's also clear that there are all kinds of deductions, some of which makes sense, others don't. >> reporter: two of the biggest deductions in the tax code are the mortgage interest tax deduction and the health insurance that workers get from their employers tax free. what boehner is suggesting was proposed by mitt romney in the campaign. essentially raising taxes on the rich by limiting what they take off their taxes. the president has dismissed this app
the speaker said "those higher tax rates would slow down the economy and our ability to create jobs." but, scott, there is also some wiggle room here because boehner has put new tax revenues on the table. so i asked the speaker today: what is the difference between rates and revenues? and he explained republicans might raise revenues by cutting tax detections. could you give us an idea, any more examples of where you're going with that? because if tax rates are not on the table, are...
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Nov 10, 2012
11/12
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CNN
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> with each hour, we learn new details about the shocking affair that forced david petraeus to resign as cia director. he was on the ground the same time as the former ambassador was ambassador of iraq, and the ambassador joins me now. nice to see you, ambassador. >> nice to be with you. >> are you shocked by these revelations today? >> of course, i am. it's a sad day particularly for mrs. petraeus and for their children and for the men and women in the military and now the cia, whom he's let down. >> he's been one of america's greatest military heroes in the last few decades, no question about that. it's an extraordinary ending of one of the great ca
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> with each hour, we learn new details about the shocking affair that forced...
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Nov 12, 2012
11/12
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>> well, piers, i do believe the economy is improving. but i want to challenge a bit of your premise, because one of the reasons the economy is improving is because this president was brave. it was brave to intervene and save the auto industry, which was not a popular decision at the time. it was brave to move forward on the recovery act. which again was not popular at the time. and still is the source of controversial, because without that, we would have slid into a second great depression. it was brave to stand up the financial industry when it was on the brink of collapse. even though that was an unpopular thing to do. because he understand that we needed to do these things to move the economy forward, and now we are reaping the benefits of that bravery and good decisions because the economy is improving. and i do believe that gives us a chance to move forward on a series of fronts, to further strengthen our economy for the short term and the long term, and strengthen the middle class. we are not losing 800,000 jobs a month anymore. we
>> well, piers, i do believe the economy is improving. but i want to challenge a bit of your premise, because one of the reasons the economy is improving is because this president was brave. it was brave to intervene and save the auto industry, which was not a popular decision at the time. it was brave to move forward on the recovery act. which again was not popular at the time. and still is the source of controversial, because without that, we would have slid into a second great...
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Nov 9, 2012
11/12
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give me an assessment of where the uk's economy is right now. you guys have done different measures on the financial choice sis than the u.s. >> our economy is still in a decision. we had three consecutive quarters of negative growth. we just had encouraging news. we grew out just over 1% in the last quarter. on the back offed a jurgsmentes from the olympics and so on but good news. we've gotten rid now of one-third of the deficit which our deficit reduction program was designed toe get rid of me with have austerity program which is tough but is having a real effect. we're balancing with a bunch of different measures to stimulate growth and investment and our fdi figures are high. lots of companies coming into the united kingdom. we have come a long way, cutting red tape, improving the overall environment for investment. it's a balance. but we feel that we're on the right track. >> you know, when you have u.s. lawmakers are seeing what happened to your economy doing the austerity measures, it's given pause to how we handle our own fiscal issues.
give me an assessment of where the uk's economy is right now. you guys have done different measures on the financial choice sis than the u.s. >> our economy is still in a decision. we had three consecutive quarters of negative growth. we just had encouraging news. we grew out just over 1% in the last quarter. on the back offed a jurgsmentes from the olympics and so on but good news. we've gotten rid now of one-third of the deficit which our deficit reduction program was designed toe get...
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Nov 10, 2012
11/12
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FOXNEWS
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the economy will go into recession if it's not already there. and that's a cost we can't afford it pay. >> neil: but you could make a political argument. i don't want to be so cynical. you could make a political argument that you do that in the very beginning. >> it's a political argument, republicans say let it go and obama won it, bought it. >> give him the tax hike. >> let him do it. >> neil: they've got to get something in return. >> let it happen and obama's coming back and a lot of people think he's going to do this i'll let it happen, quick dirty big time dirty recession first year in office and then the deficit-- >> and then adam, i'll point out that the president obama's people are reaching out to people in the business community, on wall street and staying that you know, they're willing to compromise and that they are serious about dealing with the deficit. this is what they're-- >> and i agree with that, charles payne, not just because of these states passed the marijuana referendum so it's not just me suiting up. i do, i do believe t
the economy will go into recession if it's not already there. and that's a cost we can't afford it pay. >> neil: but you could make a political argument. i don't want to be so cynical. you could make a political argument that you do that in the very beginning. >> it's a political argument, republicans say let it go and obama won it, bought it. >> give him the tax hike. >> let him do it. >> neil: they've got to get something in return. >> let it happen and...
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Nov 8, 2012
11/12
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to begin talks on how to prevent the country's economy from going over the so-called fiscal cliff. both boehner and snart majority leader harry reid sounded conciliatory notes yesterday. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans, but as americans. >> it's better to dance than to fight. it's better to work together. >> boehner even opened the door to raising new revenues, code for taxes, though not through tax rates. he does put on some conditions. >> in order to garner republican support for new revenues, the president must be willing to reduce spending and shore up entitlement programs that are the primary drivers of our debt. >> so that is a shift in a negotiating position. now boehner suggested temporarily extending the current tax rates, pushing serious negotiations on a broader tax deal into 2013. while the president has hinted in the past that he's willing to include the issues of social security and medicare in the fiscal negotiations, what's not clear is whether the rest of his party is going to be willing to go along on t
to begin talks on how to prevent the country's economy from going over the so-called fiscal cliff. both boehner and snart majority leader harry reid sounded conciliatory notes yesterday. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans, but as americans. >> it's better to dance than to fight. it's better to work together. >> boehner even opened the door to raising new revenues, code for taxes, though not through tax rates. he does...